Freight rates fall on easy availability of trucks

New Delhi: Freight rates for the nine-metric tonne pay load section declined by Rs 1000 at the local truck transport market in the national capital today following ample availability of trucks in the market amid restricted cargo movements.

Transporters said, apart from tight movements of cargo, excess position of trucks in the markets mainly led to fall in some of the centres freight rates.

Delhi to Coimbatore, Kochi, Guwahati and Vijaywada freight rates moved down by Rs 1000 each to Rs 71,000, Rs 77,000, Rs 61,000 and Rs 60,000, respectively.

Rates to Hyderabad, Goa, Pune, Kolkata and Indore also went down by Rs 1000 each to Rs 57,000, Rs 59,000, Rs 31,000, Rs 33,000 and Rs 23,000, respectively.